Shibuya Upper West Project Details Released

On July 21, Tokyu Corporation and L Catterton Real Estate (a US-based investment company) released details of their planned redevelopment of the Tokyu Department Store in Shibuya. The joint venture will see a 164.8-meter tall mixed-use high-rise containing retail, a small luxury hotel, and high-grade rental apartments.

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Tokyo cancels refurbishment of Children’s Castle

On May 9, the Tokyo Metropolitan Government announced the cancellation of a planned refurbishment of the National Children’s Castle property in Omotesando. The property will continue to be used as an oxygen and medical care station for coronavirus patients.

The popular arts and entertainment complex closed in 2015. It was sold by the national government to Tokyo in 2019 for approximately 52 billion Yen.

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